Progress Software (PRGS) Competitors

$51.12
+0.61 (+1.21%)
(As of 02:03 PM ET)

PRGS vs. AI, UPLD, CVLT, QLYS, INTA, ALKT, AVDX, SWI, PD, and SEMR

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include C3.ai (AI), Upland Software (UPLD), Commvault Systems (CVLT), Qualys (QLYS), Intapp (INTA), Alkami Technology (ALKT), AvidXchange (AVDX), SolarWinds (SWI), PagerDuty (PD), and Semrush (SEMR). These companies are all part of the "computer and technology" sector.

Progress Software vs.

C3.ai (NYSE:AI) and Progress Software (NASDAQ:PRGS) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, community ranking, media sentiment, earnings, dividends and profitability.

In the previous week, Progress Software had 4 more articles in the media than C3.ai. MarketBeat recorded 10 mentions for Progress Software and 6 mentions for C3.ai. C3.ai's average media sentiment score of 0.58 beat Progress Software's score of 0.26 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
C3.ai
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral
Progress Software
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

C3.ai has a beta of 1.74, meaning that its stock price is 74% more volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500.

39.0% of C3.ai shares are owned by institutional investors. 34.0% of C3.ai shares are owned by company insiders. Comparatively, 3.3% of Progress Software shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

C3.ai presently has a consensus target price of $31.50, suggesting a potential upside of 26.66%. Progress Software has a consensus target price of $64.60, suggesting a potential upside of 26.25%. Given Progress Software's higher possible upside, analysts clearly believe C3.ai is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
C3.ai
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22
Progress Software
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Progress Software has higher revenue and earnings than C3.ai. C3.ai is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
C3.ai$266.80M11.36-$268.84M-$2.33-10.66
Progress Software$694.44M3.18$70.20M$1.5433.20

Progress Software received 73 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.75% of users gave Progress Software an outperform vote while only 51.62% of users gave C3.ai an outperform vote.

CompanyUnderperformOutperform
C3.aiOutperform Votes
366
51.62%
Underperform Votes
343
48.38%
Progress SoftwareOutperform Votes
439
64.75%
Underperform Votes
239
35.25%

Progress Software has a net margin of 9.67% compared to Progress Software's net margin of -95.21%. C3.ai's return on equity of 36.62% beat Progress Software's return on equity.

Company Net Margins Return on Equity Return on Assets
C3.ai-95.21% -29.60% -25.12%
Progress Software 9.67%36.62%10.30%

Summary

Progress Software beats C3.ai on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

PRGS vs. The Competition

MetricProgress SoftwarePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$2.21B$21.72B$19.41B$7.71B
Dividend Yield1.39%2.04%2.74%3.95%
P/E Ratio33.2062.63219.0315.16
Price / Sales3.189.16533.2485.31
Price / Cash8.1768.1528.3428.52
Price / Book4.8510.156.974.59
Net Income$70.20M$365.87M$619.85M$213.03M
7 Day Performance1.85%0.16%1.58%5.33%
1 Month Performance0.49%-0.40%0.15%0.75%
1 Year Performance-5.73%21.07%24.06%11.74%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AI
C3.ai
3.0281 of 5 stars
$22.52
-2.5%
$31.50
+39.9%
+28.6%$2.75B$266.80M-9.67914
UPLD
Upland Software
3.9678 of 5 stars
$2.16
-4.4%
$3.83
+77.5%
-29.6%$60.18M$297.85M-0.371,061Analyst Report
News Coverage
CVLT
Commvault Systems
2.4195 of 5 stars
$102.47
+3.1%
$85.60
-16.5%
+75.7%$4.49B$784.59M-3,414.532,779Analyst Revision
High Trading Volume
QLYS
Qualys
1.7667 of 5 stars
$163.91
-2.6%
$154.57
-5.7%
+41.8%$6.06B$554.46M40.572,188Upcoming Earnings
News Coverage
INTA
Intapp
3.659 of 5 stars
$30.92
-3.0%
$48.44
+56.7%
-17.9%$2.26B$350.87M-38.651,150Upcoming Earnings
News Coverage
ALKT
Alkami Technology
2.2025 of 5 stars
$24.07
-0.3%
$26.10
+8.4%
+124.4%$2.35B$264.83M-36.47917Earnings Report
AVDX
AvidXchange
2.2951 of 5 stars
$11.66
-2.5%
$13.07
+12.1%
+50.7%$2.38B$380.72M-50.691,600Upcoming Earnings
Positive News
SWI
SolarWinds
3.7272 of 5 stars
$11.02
-1.9%
$13.50
+22.5%
+33.1%$1.85B$758.74M-220.402,103Analyst Report
PD
PagerDuty
3.6421 of 5 stars
$19.96
-3.6%
$27.25
+36.5%
-29.0%$1.85B$430.70M-22.681,182Positive News
SEMR
Semrush
0.7716 of 5 stars
$12.25
-1.6%
$13.50
+10.2%
+30.8%$1.77B$307.67M1,225.731,390

Related Companies and Tools

This page (NASDAQ:PRGS) was last updated on 5/6/2024 by MarketBeat.com Staff

From Our Partners